Majority of Croatian Companies Record Share Price Decreases During Yesterday’s Trading

Yesterday’s trading session was marked by a decrease in share price of 22 companies, while the main index observed a decrease of 1.14%, closing at 1,636.88 points.

Yesterday’s trading session was marked by a decrease in share price of 22 companies, while in total 36 companies shares were traded yesterday. The main index observed a decrease of 1.14%, closing at 1,636.88 points.

Of the traded blue chips, Valamar observed the highest share price decrease of 4.03%, closing at HRK 26.2 per share, while the company was traded HRK 25.5 per share at the lowest point during the trading session. At the current share price the company is traded at a P/E of 14.4 and EV/EBITDA of 8.4.

Arena Hospitality Group comes next with a decrease of 2.26%, closing at HRK 260 per share. Atlantska Plovidba was another share whose price decreased 4.24% at the turnover of HRK 0.7m. Meanwhile Adris pref. closed the trading day at HRK 381 per share, marking a daily decrease of 1.55%.

Such share price performance of theses traded companies could arguably be attributed to increased retail trading, which could have been impacted by an ongoing concern regarding new Covid-19 cases both globally and in the region.

Of the most traded shares Institut IGH, Atlantic Grupa and HT were the shares whose price increased yesterday by 13.97%, 0,29% and 0.79%, respectively. This is in line with fact these companies are operating in sectors that are known as defensive during the time of corona virus epidemics.

InterCapital
Published
Category : Flash News

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